Industry Retail Headquarters Toronto, Canada Founded 2004 Parent organization Hudson's Bay Company | Defunct 2016 Motto The Latest Looks For Less Ceased operations 2016 | |
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Former type Off-price department store chain Products Clothing, footwear, accessories. Website | ||
Designer Depot was a Canadian department store that sold brand names at prices 25–60% below regular department and specialty store prices. It was created in November 2004 as a division of retailer Hudson's Bay Company (HBC). It was sold by HBC in April 2008 to the INC Group of Companies.
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The first location opened as part of the Vaughan Mills Mall in Vaughan, Ontario. Weekly shipments of clothing originate from Fairweather and Randy River outlets. Children’s, infant, and maternity clothing is also sold. Designer Depot carries Plus sizes and Petites. The merchandise is sourced from around the world by a team of specialty buyers who buy the merchandise for various reasons, including order cancellations by other retailers, excess stock, liquidations, not passing 100% quality check or bankruptcies. Their slogan is “Designer Labels. Depot Prices.”
The average store size is 32,000 square feet (3,000 m2). Designer Depot represented HBC’s entrance into the off-price market in Canada, which is approximately $5 billion and growing. There are nine Designer Depot stores.
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Locations included Thickson Place in Whitby, and Walker Square in Windsor, now vacant. A location at Eglinton Corners (Warden & Eglinton) in Toronto was dubbed Target Apparel then reverted back to a Designer Depot, now International Clothiers. Shoppers World Brampton in Brampton was scheduled to open a location, but later opened a Labels, under the same ownership. The West Edmonton Mall location closed later in 2015 and was replaced with an International Clothiers.